First Merchants FRME
NASDAQ FRME
$40.72 -0.45 (-1.09%)
As of: Sep 9, 2026 · 3:59 PM EDT

First Merchants Corp (FRME) Research & Development (2010 - 2026)

First Merchants (FRME) posted Research & Development of $8.0 million for Q2 2026, up 11.89% on a QoQ basis from $7.2 million in Q1 2026, and up 13.2% year-over-year from $7.1 million in Q2 2025.

Analysis

First Merchants Corp (FRME) Research & Development (2010 - 2026) Analysis & Trends

First Merchants has reported Research & Development for 17 years, with the latest figure at $8.0 million in Q2 2026.

  • On a quarterly basis, Research & Development rose 13.2% year-over-year to $8.0 million in Q2 2026; TTM through Jun 2026 was $29.7 million, a 13.24% increase from a year earlier, with the FY2025 full-year figure at $27.5 million, up 1.28% from the prior year.
  • Research & Development was $8.0 million for Q2 2026 at First Merchants, up from $7.2 million in the prior quarter.
  • The five-year high for Research & Development was $8.0 million in Q2 2026, with the low at $4.4 million in Q1 2022.
  • Average Research & Development over 5 years is $6.5 million, with a median of $6.7 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2025: Research & Development jumped 42.41% in 2022, then decreased 13.94% in 2025.
  • Over 5 years, Research & Development stood at $5.6 million in 2022, then rose by 4.71% to $5.9 million in 2023, then advanced by 2.62% to $6.0 million in 2024, then gained by 24.55% to $7.5 million in 2025, then rose by 7.14% to $8.0 million in 2026.
  • The last three Research & Development figures came in at $8.0 million (Q2 2026), $7.2 million (Q1 2026), and $7.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

Historic Data

Historic Data

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DateValue
Jun 30, 2026 8.05 Mn
Mar 31, 2026 7.19 Mn
Dec 31, 2025 7.51 Mn
Sep 30, 2025 6.94 Mn
Jun 30, 2025 7.11 Mn
Mar 31, 2025 5.93 Mn
Dec 31, 2024 6.03 Mn
Sep 30, 2024 7.15 Mn
Jun 30, 2024 7.07 Mn
Mar 31, 2024 6.89 Mn
Dec 31, 2023 5.88 Mn
Sep 30, 2023 6.57 Mn
Jun 30, 2023 6.60 Mn
Mar 31, 2023 6.11 Mn
Dec 31, 2022 5.61 Mn
Sep 30, 2022 6.83 Mn
Jun 30, 2022 4.88 Mn
Mar 31, 2022 4.36 Mn
Dec 31, 2021 4.58 Mn
Sep 30, 2021 4.79 Mn